September 30th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Participants What the End of the Student Loan On-Ramp Period Could Mean for Retirement Savings After Monday, student loan borrowers may face credit score and fee penalties due to missing or late payments. Products New PEP Brings Retirement Solution to Legal Cannabis Industry Separately, another new PEP for all employers was announced by California Corporate Retirement Services. Most Read Investing Empower to Offer Private Investments in 401(k) Plans Benefits Benefits Council Proposes New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue Data and Research Employers, Workers Have Disconnect Between Employee Needs, Benefits Strategies  ECONOMIC EVENTS Thursday, the Department of Labor will issue its initial jobless claims report and Freddie Mac will update average mortgage rates for the week. Friday, the Bureau of Labor Statistics will release the U.S. employment report for September. MARKET MIRROR Friday, the Dow rose 137.89 points (0.33%) to close at 42,313.00, the Nasdaq fell 70.70 points (0.39%) to close at 18,119.59 and the S&P 500 fell 7.20 points (0.13%) to close at 5,738.17. The Russell 2000 rose 14.83 points (0.67%) to close at 2,224.70, and the FT Wilshire 5000 Index fell 38.83 points (0.07%) to close at 57,418.64. The 10-year Treasury note increased 4/32, bringing the yield to 3.757%. The 30-year Treasury bond increased 4/32, bringing the yield to 4.109%. In the week ending September 27, the Dow rose 0.59%, the Nasdaq rose 0.95% and the S&P 500 gained 0.52%. The Russell 2000 lost 0.14%, and the FT Wilshire 5000 Index finished 0.56% higher. Deals and People Retirement Industry People Moves Northwestern Mutual announces succession plans; Micruity names head of client success; Northern Trust announces head of global institutional client group; and more. Data and Research Deadline Extended for Participating in the 2024 PLANSPONSOR DC Survey  Plan sponsors have until November 8 to complete the survey that can help them learn how their retirement plan stacks up against others in the same industry. SMALL TALK ON THIS DATE: In 1938, the Munich Agreement, in which Britain’s Neville Chamberlain encouraged Britain and France to appease Adolf Hitler’s demands in the hope of preventing World War II, was reached. In 1949, the Berlin airlift officially ended after the Western Allied powers delivered more than two million tons of food, fuel machinery and other supplies to West Berlin, which had been cut off from the West during the Soviet blockade of Berlin. In 1954, the USS “Nautilus,” the world’s first nuclear-powered vessel, was commissioned by the U.S. Navy. In 1955, actor James Dean died in a car crash as he drove to a car rally in Salinas, California. In 1965, in Indonesia, a group of army conspirators known as the September 30th Movement began an abortive coup, and by the following morning they had kidnapped and murdered six army generals; the movement claimed that it had seized power to forestall a coup against President Sukarno by a council of generals. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850